China seeks to dominate Western nuclear energy industry

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China seeks to dominate Western nuclear energy industry
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China seeks to dominate Western nuclear energy industry Joelmentum reports

Chinese officials think they have a major advantage over U.S. and European nuclear companies over the coming years, enabled by the fear of nuclear energy that has predominated as of late in Western societies.

Western countries have been working to shut down their nuclear plants, particularly in the wake of the disaster caused by an earthquake and tsunami in the vicinity of the Fukushima Daiichi Nuclear Power Plant in Japan. “It's true, of course, that we now face the very ambitious and challenging task of completing the energy transition while phasing out coal and nuclear power,” Merkel said in November 2021, shortly before ending her long tenure as chancellor. “We in Germany believe — across party lines — that nuclear energy should not be classified as being as clean as wind and solar energy. ... It is natural gas that must be classified as a stopgap technology.

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